King’s Hawaiian eyes central Indiana for massive production campus
Plans call for the development to include a 368,000-square-foot main manufacturing plant, a 78,000-square-foot cold storage building and an 86,000-square-foot beverage plant.
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Auto parts maker to close Indiana plant with 155 workers
The plant produces automotive switch-related components such as steering pad switches, power seat switches, hazards, and door lock switches.
Hoosier companies contributing to NASA’s mission to Mars
The space agency’s Artemis program aims to build sustainable moon infrastructure that can serve as a launching pad for human missions to Mars. Indiana companies from all over the state are helping to make the huge endeavor a reality.
BorgWarner to close Indiana manufacturing plant
The closure will affect about 150 employees at its Morgan Street Production Plant.
Looking for a new car under $20,000? Your choice has dwindled to one.
Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, that choice is down to a single vehicle.
Industrial icon U.S. Steel on verge of being absorbed as industry consolidates
A symbol of American industrialization that operated the world’s largest steel plant in Indiana and helped build everything from the United Nations building in New York City to the New Orleans Superdome seems poised to soon be purchased by a competitor.
UAW to vote on strike authorization next week as president says talks with Detroit 3 moving slowly
Union President Shawn Fain has set high expectations for the contract talks and says the union will seek more than 40% general pay raises over four years
Privately held Esmark makes offer for U.S. Steel, sets up bidding contest for iconic steelmaker
Industrial conglomerate Esmark said Monday it has made an all-cash offer to buy U.S. Steel that values the iconic steelmaker at $7.8 billion, topping an earlier offer from rival Cleveland-Cliffs.
U.S. Steel rejects a $7.3B offer from rival Cleveland-Cliffs
The two steelmakers combined have more than 10,000 employees in Indiana.
Indianapolis chemical maker closing 159-worker plant
Aurorium, which traces its roots to Reilly Industries, is closing a facility at a site that has been home to a chemical manufacturing plant since 1921.
Tensions rise in UAW contract talks with Stellantis as strike threat looms
The union is seeking more than 40% general pay raises over four years, restoration of pensions for newer hires, cost-of-living increases, an end to wage tiers, and other benefits.
UAW to show list of economic demands to automakers this week
The United Auto Workers union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week, the union’s president says.
Battery maker EnerDel files for Chapter 7 bankruptcy
The company’s bankruptcy filing comes less than a month after it shut down its Andersen plant in a decision that blindsided employees.
Stellantis to build 2nd U.S. battery plant in venture with Samsung
The new plant is expected to open in early 2027, joining a joint-venture facility in Kokomo that’s already under construction and scheduled to start production in early 2025.
Greenwood council considering tax breaks for two projects
The Greenwood City Council has given preliminary approval to a tax abatement on an $8.5 million speculative office building and is considering a separate incentive agreement for a manufacturer’s expansion.
Fishers-based company to bring new life, jobs to former RCA plant
ReElement Technologies LLC plans to invest a minimum of $100 million to convert the 425,000-square-foot facility into a rare earth and battery material refinery that could eventually employ more than 300 people.
Ford Meter Box plans big expansion in Indiana
Ford Meter Box announced plans to invest up to $300 million to build a 300,000-square-foot facility adjacent to its headquarters and create up to 126 jobs by the end of 2027.
Cummins CEO Jennifer Rumsey to become company’s board chair
Rumsey will take over as Cummins board chair on Aug. 1, after former CEO Tom Linebarger steps down from the position.
Strong demand drives new vehicle sales higher in first half of year
Demand for new SUVs, trucks and cars in the United States picked up steam in the second quarter, but the stronger sales kept prices high for consumers.
Tesla shares accelerate on new CEO, deliveries and charging deals
Shares jumped 7% Monday morning to a new high for 2023 after the electric car maker said its deliveries in the most recent quarter rose 83% compared with the same period last year.